Juventus accepts settlement with UEFA: pays 6 million euros immediately, remains under supervision until 2027/28
Juventus has accepted a new financial settlement with UEFA's Club Financial Control Body, closing the latest proceeding related to the financial sustainability rules of European football. According to the statement published by the Turin club on 30 June 2026, the settlement concerns a breach of UEFA's Football Earnings Rule for the three-year period from the 2022/23 season to the 2024/25 season. Juventus will immediately bear a penalty of 6 million euros, while an additional 14 million euros could become payable if the club fails to meet the agreed financial targets. This brings the total potential amount of the settlement to 20 million euros, although the immediate effect on the club now amounts to 6 million euros. The decision does not mean sporting exclusion from UEFA competitions, but it opens a new three-year period of enhanced supervision in which Juventus's financial results will be crucial for avoiding further consequences.
What Juventus accepted
According to the announcement by Juventus Football Club S.p.A., the club concluded a Settlement Agreement with the First Chamber of the UEFA Club Financial Control Body, known by the abbreviation CFCB. The agreement has a three-year duration and, according to the club announcement, extends until the 2027/28 financial year. At the center of the proceeding was UEFA's Football Earnings Rule, which measures the sustainability of financial operations on a multi-year basis, and in this case covered the period 2022/23, 2023/24 and 2024/25. According to AS's report, the CFCB classified Juventus and Newcastle United among the clubs that failed to meet that rule in the first full three-year assessment applied in the 2025/26 season. The same report states that Juventus and Newcastle signed three-year settlements, with Juventus facing a total potential financial penalty of 20 million euros, of which 14 million is conditional and 6 million immediate.
For Juventus, the provision under which amounts paid or withheld by UEFA will not be treated as relevant costs in future assessments of compliance with stability requirements is also important. This means that the penalty itself should not further worsen the calculation UEFA uses to check the club's financial sustainability. In its statement, the club emphasized that the terms of the settlement are largely in line with what it expected and with the practice UEFA applies to other clubs. The announcement also states that Juventus can exit the settlement regime earlier if it meets the financial targets on an aggregate basis for the three financial years from 2024/25 to 2026/27. Such a possibility of early exit reduces the risk that supervision automatically extends until the end of the planned period, but it makes it conditional on concrete financial results.
Why the case matters for European club football
This proceeding is not an isolated case, but part of UEFA's broader application of financial sustainability rules to clubs participating in European competitions. According to AS's report on the decisions of the CFCB First Chamber of 30 June 2026, the CFCB completed its assessment of clubs that participated in UEFA club competitions in the 2025/26 season and announced a series of measures for clubs that failed to meet the prescribed requirements. In the same group, alongside Juventus, Newcastle United, OGC Nice, Santa Clara, FC Astana and Partizan are mentioned as clubs for which a problem with the Football Earnings Rule was established, although the severity and consequences differ from case to case. UEFA's system does not measure only the accounting result in a single year, but follows the broader picture of revenue, expenditure, squad costs and the sustainability of the business model. That is precisely why Juventus's settlement has significance beyond Turin: it shows that even the biggest European clubs face direct financial consequences if multi-year results deviate from the permitted framework.
According to UEFA's information on the role of the CFCB, it is a body that supervises the application of club licensing and financial sustainability rules. UEFA states that the First Chamber of the CFCB may decide on the fulfillment of licensing criteria, financial requirements and the eligibility of clubs for UEFA competitions. In the event of rule breaches, it may conclude settlements or impose disciplinary measures, including financial penalties, withholding of revenues from UEFA competitions, restrictions on player registration, bans on registering new players, exclusion from future competitions and other measures. In Juventus's current case, the focus is on the financial settlement and future supervision, but the broader regulatory framework shows why clubs consider such proceedings strategically important. Financial discipline affects not only the balance sheet, but also sporting flexibility, transfers and the planning of European seasons.
The difference between the earnings rule and squad costs
In this decision, two important UEFA parameters must be distinguished: the Football Earnings Rule and the Squad Cost Ratio. Juventus's settlement concerns the football earnings rule, that is, the assessment of income and costs over a multi-year period. In its announcement, the club pointed out that it was simultaneously compliant with the Squad Cost Ratio rule on 31 December 2025, as well as on 31 December 2024. This is important because the squad cost rule concerns the ratio of first-team costs to club revenues, including wages, transfer amortization and agent costs. According to The Guardian's report on the same wave of UEFA decisions, the threshold for the Squad Cost Ratio in UEFA's system is 70 percent of revenue, which is a stricter framework than the model being introduced in English football.
The fact that Juventus, according to its own announcement, met the Squad Cost Ratio does not cancel out the problem with the Football Earnings Rule. Financial sustainability in UEFA's system does not depend only on how much a club spends on its squad in relation to revenue in a single calendar year. It also includes a broader assessment of stability, permitted deviations and cumulative results across several financial periods. For that reason, a club can meet one parameter and at the same time be sanctioned for another. In Juventus's case, UEFA's proceeding is aimed at the three-year financial result, while the club announcement emphasizes that squad costs for 2024 and 2025 were not disputed in the same sense. This difference is important for understanding why the penalty does not necessarily arise from current spending on players, but from the overall financial picture of previous years.
Financial background: a smaller loss, but still under pressure
In its financial documents for the year ended 30 June 2025, Juventus reported a consolidated loss of 58.1 million euros, significantly smaller than the loss of 199.2 million euros recorded a year earlier. According to the club's report from September 2025, the reduction in the loss was connected with the men's first team's return to the UEFA Champions League and higher revenues from player registration rights. For the 2024/25 season, the club reported 529.6 million euros in revenue and income, compared with 394.6 million euros in the previous year. In the same document, Juventus also highlighted revenues connected with UEFA competitions of 75.3 million euros and revenues connected with FIFA competitions of 27 million euros. These data show that the club's operations improved compared with the previous year, but also that the earlier financial burden remained large enough to raise the issue of UEFA's multi-year assessment.
In the half-year report as of 31 December 2025, Juventus stated that on 18 September 2025 it received a notice from UEFA on the opening of a proceeding for a possible breach of the Football Earnings Rule for the period 2022/23 - 2024/25. The club then announced that the outcome of the proceeding could include a financial penalty, which was difficult to quantify at the time, as well as possible sporting restrictions, for example restrictions on registering new players in UEFA competitions. In the same report, Juventus stated that it had met UEFA's Squad Cost Ratio for the calendar year 2024 and that, according to the preliminary information available at the time, it expected compliance for 2025 as well, when the threshold drops to 70 percent. The current settlement now provides a more concrete answer to the proceeding that had been open since September 2025. The financial penalty has been defined, and the club's focus shifts to meeting targets during the coming seasons.
What three-year supervision means
The three-year settlement means that Juventus is entering a period in which it will have to prove compliance with agreed financial trajectories. According to AS's report, clubs that sign such settlements must meet annual interim targets and may face additional financial or sporting measures if they fail to meet those targets. The measures may include stricter restrictions on registering new players on UEFA's List A or, in more serious cases, exclusion from the next UEFA club competition for which the club would qualify. In Juventus's case, the immediate penalty of 6 million euros and the possibility of an additional burden of up to 14 million euros have currently been confirmed. The most important practical effect is therefore not only a one-off cost, but also the need for the club to align its transfer policy, wages and overall business plan with the obligations arising from the settlement.
For the sporting sector, such supervision usually means less room for risky decisions. The club must assess new contracts, transfer amortization, revenue from European competitions and possible player sales more carefully. If results on the pitch deteriorate, the financial plan can quickly become more sensitive because European revenues form an important part of the operations of the biggest clubs. In its 2024/25 report, Juventus emphasized that its return to the Champions League had a major positive effect on revenues, which further shows how important participation in UEFA competitions is for financial balance. The settlement therefore comes at a moment when the club is simultaneously trying to maintain sporting competitiveness and reduce regulatory risk. In practice, every major decision in the player market will have to be viewed through the prism of UEFA's targets as well.
A new episode after an earlier dispute with UEFA
Juventus and UEFA already had a serious financial-disciplinary dispute concluded in 2023. UEFA then announced that the First Chamber of the CFCB had concluded that Juventus had breached the regulatory framework and the earlier settlement signed in August 2022. As a consequence of that decision, the club was excluded from UEFA's men's club competition for the 2023/24 season and was given an additional financial obligation of 20 million euros, of which 10 million was conditional. Juventus stated in its own press release from July 2023 that it did not share the CFCB's interpretation, but that it would not file an appeal in order to end the period of uncertainty and ensure a clearer framework for future competitions. That earlier case makes the current settlement particularly sensitive, because it shows that the club has been operating under the close scrutiny of the European regulator for several years.
Nevertheless, the current decision differs from 2023 in that it does not bring immediate exclusion from competitions. Above all, it sets a financial framework, a direct penalty and conditional obligations for the coming period. According to the available information, Juventus is now trying to close the regulatory issue through an agreement with the CFCB, rather than through a lengthy dispute. Such an approach can bring greater predictability for investors, sponsors, players and fans, but only if the club meets the set targets in the coming financial years. If the targets are not met, UEFA's framework allows additional measures that could also have sporting consequences. That is why this settlement cannot be viewed only as a penalty for the past, but also as a test of the credibility of Juventus's financial plan.
The broader context of UEFA's decisions
UEFA's wave of decisions from June 2026 affected several clubs and several types of breaches. According to AS, Aston Villa, Chelsea, Newcastle United, Nottingham Forest, OGC Nice, RC Strasbourg, AEK Athens, Fiorentina and Fenerbahçe were sanctioned for exceeding the squad cost rule for the calendar year 2025. The Guardian reported that Newcastle was fined a total of 6 million euros for breaching the Football Earnings Rule and the squad cost rule, with an additional 7 million euros conditional penalty as part of the settlement. Aston Villa, according to the same report, received a fine of 22.5 million euros, of which it immediately pays 7.5 million euros, while Chelsea received a fine of 3 million euros, of which 2 million is conditional. AS also states that Fiorentina was fined 6 million euros for exceeding the squad cost ratio.
Such a range of decisions shows that UEFA is trying to pursue two connected goals at the same time: to limit cumulative financial losses and to prevent squad costs from growing faster than revenues for too long. In that respect, Juventus is not an isolated case, but because of its history, size and market visibility it is one of the most important examples. For European clubs, the message is clear: revenues from the Champions League, player sales and commercial contracts can help stabilize operations, but they do not automatically remove the regulatory consequences of earlier losses. For Juventus, the next seasons will show whether the financial recovery can become permanent, and not only an annual improvement after returning to the elite competition. Until then, the settlement with UEFA will remain one of the key frameworks through which the sporting and business decisions of the Turin club are assessed.
Sources:
- Juventus Football Club S.p.A. - announcement and financial data on operations for the year ended 30 June 2025 (link)
- Juventus Football Club S.p.A. - half-year report as of 31 December 2025 with notes on UEFA's proceeding and financial parameters (link)
- Juventus Football Club S.p.A. - 2023 press release on the closure of the earlier UEFA CFCB proceeding (link)
- UEFA - description of the responsibilities of the Club Financial Control Body and possible disciplinary measures (link)
- UEFA - 2023 announcement on the earlier proceeding against Juventus and Chelsea (link)
- AS - report on the CFCB decisions of 30 June 2026, including Juventus's settlement and penalty amounts (link)
- The Guardian - report on related UEFA penalties and financial sustainability rules for other clubs (link)
- Black & White & Read All Over - republication of Juventus's announcement of 30 June 2026 on the settlement with UEFA and the immediate penalty of 6 million euros (link)